Chinese electrical automobile maker Nio mentioned it delivered greater than 8,000 vehicles in a single month for the first-time.
The firm delivered 8,083 automobiles in June, bringing its second-quarter complete to 21,896 vehicles, in accordance with an organization information launch.
That quarterly determine got here in on the excessive finish of Nio’s forecast for deliveries of between 21,000 and 22,000 within the three months ended June 30. Nio’s U.S.-listed inventory is up 9% year-to-date.
The sturdy second-quarter efficiency got here regardless of a decline in month-to-month deliveries in May from April, which the corporate had attributed to the worldwide semiconductor scarcity.
Nio’s June gross sales additionally introduced deliveries for the primary half of the yr to greater than 41,900, near surpassing the whole for all of final yr of 43,728 vehicles.
However, Nio’s gross sales are nonetheless far in need of business large Tesla, which delivered 184,800 automobiles worldwide within the first quarter. Tesla’s shares are down greater than 3.5% up to now this yr